Dossier
crypto slump
Coverage of crypto slump in the Nexus archive.
- Onchain gambling keeps rolling with $14B quarter despite crypto slump: TRM Labs
TRM Labs reported that onchain gambling reached $51 billion in 2025, driven by repeat users and stablecoin flows, maintaining resilience despite a broader crypto market decline. The sector generated $14 billion in a single quarter during the downturn.
- Tether Reports Billion-Dollar Q1 Profit Amid Crypto Slump—And Says Audit Has Begun
Tether, the stablecoin giant, reported a billion-dollar profit in Q1 2024 despite a broader crypto market slump. The company claims to hold over $141 billion in U.S. Treasuries, though this figure remains unverified by a full audit, which has now begun.